ENGAGEMENT STATUS
The status of this engagement is that, our contractors / agent workers are classified as self employed, therefore, they determine work and relative income they realise per week.
PENSION
There are no pension arrangements applicable to this contract.
SICK & HOLIDAY PAY
There are no sick and holiday pay arrangements applicable to this contract.
ENROLMENT CRITERIA
- You will have your personal UTR number (Unique Tax Reference) available. We will register you if you do not have already; however, your consent to register is very important.
- Agree to file your Self Assessment at the end of the relevant Tax Year as PPS Umbrella Company will notify HMRC of your total “Off Payroll” wages received through our HMRC Intermediary Reports filing.
- You will be responsible to file and pay your tax. Your Accountant / Tax Adviser/Agent can help you fulfill this filing obligation when due. We can assist or advise if you do not have one already.
- Agree to pay the TAX and NI contributions due from your Self Assessment filing.
- PPS Umbrella will get HMRC Approval based on the information you supply us.
- PPS Umbrella will issue you payment invoice of the amount that will be paid to you.
- You will receive your payments same day we receive your wages from your agency.
- All payments by BACS into your personal bank account only (NOT 3RD PARTY’s) .
- You will notify us of any change in your current details immediately.
- Depends on your Recruitment Agency Intermediary Payments Terms and Conditions.
CHARGE / RATE
Our charge / rate is 4%/invoice or maximum £30 for any amount below £1,500. There is £10 Extra charge on any amount up to £500 above the initial £1,500.